ARTICLES ABOUT DELHI AIRPORT BY DATE - PAGE 2

NEW DELHI: In an alleged violation of the DGCA directives on operations during the low-visibility period, no-frills airline IndiGo operated today three flights to Delhi without CAT-IIIB compliant crew and later on diverted these to Jaipur. The flights had originated from Ahmedabad, Mumbai and Pune and were all bound for Indira Gandhi International Airport here, which is the only CAT-111B compliant airport in the country, airport sources said. An IndiGo spokesperson on being contacted said that the airline deployed the non-CAT-IIIB trained crew as there was no prediction of a "bad weather" at the Delhi airport.

NEW DELHI: GMR Infrastructure today said the charges for Delhi airport will remain unchanged until the Tribunal, AERAAT, takes a final view on an appeal against tariffs for the First Control Period. "With the (Delhi) High Court order , tariff at Delhi Airport will remain at current levels till the time DIAL's appeal is decided upon by AERAAT (Airports Economic Regulatory Authority Appellate Tribunal)," the company said in a filing to the exchanges. The High Court order, dated January 22, 2015, had issued directions that the current aeronautical tariffs for DIAL determined for the First Control Period remain in effect until appeal against AERA tariff determination is disposed of by AERAAT, the company said.

NEW DELHI: The Airports Economic Regulatory Authority (AERA) has proposed a 78.4 per cent reduction in airport charges at the Indira Gandhi International Airport here, applicable from February 1, according to a consultation paper circulated by the tariff regulator. AERA, however, said the implementation of the proposal will be done once the Delhi International Airport Ltd (DIAL) submits fresh rate slabs for its approval. DIAL is a joint venture between the Airports Authority of India (AAI)

NEW DELHI: Delhi-Mumbai return fares are likely to come down by about Rs 800 after the Airport Economic Regulatory Authority cleared a 78% reduction in charges at Delhi airport and asked the operator to submit fresh rate slabs for approval. With this order, both the landing and parking charges and the user development fee will come down at Delhi airport, which is operated by Delhi International Airport Ltd , a GMR Group company. While the reduction in landing and parking charges will add to the profitability of airlines, lower UDF reduction will cut ticket prices.

MUMBAI: The successful bond raising by Reliance Industries Ltd and Delhi International Airport Ltd (DIAL), with most competitive pricing at the beginning of the year, may prompt top-rated companies to take the same route. "We see rising interest among Indian issuers to tap the offshore bond market," said Rakesh Garg, managing director and head of global finances, Barclays India. "US treasury bonds are at historically low levels. This will help issuers with finer pricing. India is in a sweet spot, given the status of other emerging markets like Brazil and Russia.

NEW DELHI: The Delhi High Court today sought response of the Centre on the plea of Greenpeace activist Priya Pillai against her "offloading" from a flight to London at the Delhi airport. Justice Rajiv Shakdher also issued notice to IB and Immigration Department seeking their responses on Pillai's plea terming the "offloading" act as illegal and a violation of her basic rights to personal liberty and freedom of speech. The court notices were issued on the activist's plea seeking direction to the concerned authorities to expunge the endorsements made while offloading her from the flight by immigration officials on January 11, while she was on the way to London to make a presentation before British MPs, regarding alleged human rights violation at Mahan in Madhya Pradesh.

NEW DELHI: Thirteen more airports in the country, including Amritsar, Jaipur, Chandigarh, Kolkata, Patna and Lucknow, will soon become CAT-III compliant, a step which will ensure seamless flight operations even during fog. The Indian Meteorological Department (IMD) along with Airports Authority of India (AAI) is carrying out the exercise which is expected to be completed by mid-February except for Jaipur Airport, a Civil Ministry official said today. At present, only Delhi Airport is equipped with CAT-III technology . The equipment installation work at the Jaipur airport will be completed by July 31, the official said.

MUMBAI: GMR Infra-controlled Delhi International Airport (DIAL) on Tuesday raised $289 million through a considerably oversubscribed bond issue, also the first high-yield paper in Asia this year, in a sign that global investors are now taking a fresh positive look at Indian infrastructure. "It's a landmark development for the Indian infrastructure sector," said a senior GMR executive who didn't want to be named. DIAL issued the notes, of 7-year tenure at a fixed coupon rate of 6.125%.

MUMBAI: Delhi International Airport (DIAL), which operates the nation's largest Indira Gandhi International Airport in the national capital, has raised $288.75 million by selling high yielding secured bonds to international investors. According to Citi India, which was one of the joint lead managers to the issue, told PTI today that the just-completed bond sale is the first such instrument not only out of the country, but across Asia this year. The DIAL issue is also the first such instrument from the public-private partnership space in the country.

MUMBAI: Indian airports have stepped up security measures ahead of US President Barack Obama's visit to the country. Obama is expected to land in India on January 25, a day before the Republic Day celebrations, in which he will be the chief guest. "We have special drills on at 59 airports across the country wherein we check the readiness of the security staff," said Hemendra Singh, chief of public relations at the Central Industrial Security Force (CISF). He, however, added that no additional personnel have been deployed at any of the airports.